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Oct 6, 2012
10/12
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KCSMMHZ
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in the us and germany, there are even laws in place requiring refiners to blend renewable fuels into the gas supply. the aim is to ease global dependency on oil and protect the environment. increasingly, farmers are therefore growing crops for fuel rather than food -- because it's more lucrative. this development is particularly acute in the us. almost 40% of the corn harvest is used for fuel. 37% becomes animal feed. that leaves just 11% for food, while 13% is exported. the german world hunger organization is alarmed. >> obviously demand for biofuel -- which has political support -- is one of the main causes of the shortage of agricultural goods. more than 8% of the world grain production is used to make bio ethanol. it puts the agricultural sector under enormous pressure and leads to price hikes. >> poor countries are especially hard hit. because they lack their own resources, they are forced to import grain. but prices are increasingly prohibitive. >> for people living off the equivalent of one euro a day and spending 50 to 60 cents on food staples, the inevitable result is hunger
in the us and germany, there are even laws in place requiring refiners to blend renewable fuels into the gas supply. the aim is to ease global dependency on oil and protect the environment. increasingly, farmers are therefore growing crops for fuel rather than food -- because it's more lucrative. this development is particularly acute in the us. almost 40% of the corn harvest is used for fuel. 37% becomes animal feed. that leaves just 11% for food, while 13% is exported. the german world hunger...
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Oct 9, 2012
10/12
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KCSMMHZ
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it was not until a few years later that they were audited to see if they had violated their own laws. >> with the director is not mentioning is corruption. officials back then issued permits to relatives and friends and just helped themselves. a former mayor approved these houses and had his own construction company build them. officially, the job was noted down as renovating old fisherman's hut that once stood here. >> i do not envy the homeowners. they are innocent and bought the properties in good faith as the third or fourh owners. now they have got to cope with the ruling of the court. their houses will be torn down. >> the enterprising mayor has long since died and cannot be brought to justice. the other corrupt officials are no longer in office. when a legal structure has already been torn down -- a wealthy latvian build a grand new summer residence for himself on an existing foundation right next door to the former summer home of thomas mann. demolition followed a court ruling earlier this year. the current mayor advises drawing a line under what happened and moving forward. a
it was not until a few years later that they were audited to see if they had violated their own laws. >> with the director is not mentioning is corruption. officials back then issued permits to relatives and friends and just helped themselves. a former mayor approved these houses and had his own construction company build them. officially, the job was noted down as renovating old fisherman's hut that once stood here. >> i do not envy the homeowners. they are innocent and bought the...
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Oct 2, 2012
10/12
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KCSMMHZ
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. >> i expect improvements and laws so that children will be happy. i don't know how he will behave and what he will do for the people, but i see the people are hopeful. >> we expect things to get better. expect new things. the whole population is in a good mood. people meet each other and kiss each other. >> he swept to power in 2004 but faces accusations of but the rates vary and rule. his party will no longer control parliament. >> it is clear that george and dreamliner it has secured a majority. this means they will form the next government and i come as the president, with the framework of the constitution will assist the process. >> the georgian dream alliance is led by billionaire tycoon, bidzina ivanishvili. he campaigned on a pro-moscow ticket but wants to move closer to the european union as well. he says his coalition deserves to win. >> we made the best choices and collected the best coalition. the result is no coincidence. >> a new law that takes effect next year will transfer some powers from the president to the prime minister. >> let's
. >> i expect improvements and laws so that children will be happy. i don't know how he will behave and what he will do for the people, but i see the people are hopeful. >> we expect things to get better. expect new things. the whole population is in a good mood. people meet each other and kiss each other. >> he swept to power in 2004 but faces accusations of but the rates vary and rule. his party will no longer control parliament. >> it is clear that george and...
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Oct 1, 2012
10/12
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CNBC
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this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence that the justice system takes its course. note just in a few days, he is expected to take on more responsibilities at his new job which is chairman at italy's oldest and most troubled bank. he will expand his duties so he's being closely watched right now. back to you. >> all right. that's the late he is out of the trial in milan. we'll take a short break. still to come, american golfers feeling a little blue after the european stage an amazing comeback in the ryder cup. we'll have more details and we'll be in chicago. we'll have more deta
this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence...
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Oct 4, 2012
10/12
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and a protest has ended in the vatican where he had been demonstrating against eu laws. he stood on one of the window lenls for more than 24 hours. he was complaining against an eu directive which would reform rules to licenses. operators have said the new rules threaten the jobs of some 600,000 resort workers. still to come, we talk shopping ahead of september retail sales data with a guest who says thrift may be the new bling. >>> european markets are trading town. we did see the green at the start of the show, but no longer the ftse down. same for the dax and cac. ibex held unreasonably well but also trading lower now. in the state, futures indicating a positive start to trade. just a few points higher for the s&p and nasdaq, the dow could open up by 30 points or so when trade gets under way there. on the agenda today in the u.s., weekly jobless claims out at 8:30 eastern, forecast to rise by 10,000. 10:00 a.m. brings august factor orders. expected to drop by 6%. at 2:00 the minutes from last month's fed meeting will be released. james bullard is in memphis, tennessee
and a protest has ended in the vatican where he had been demonstrating against eu laws. he stood on one of the window lenls for more than 24 hours. he was complaining against an eu directive which would reform rules to licenses. operators have said the new rules threaten the jobs of some 600,000 resort workers. still to come, we talk shopping ahead of september retail sales data with a guest who says thrift may be the new bling. >>> european markets are trading town. we did see the...
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Oct 2, 2012
10/12
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the reality is, it isn't new laws. it's using the executive branch to legislate by fear or by threat. you don't need a law. in effect the epa is doing stuff all over the place. the nlra is doing stuff that's not sanctioned by any law. it's a political decision and it's extraordinarily negative to our country and our economy. >> "the journal" did you read the lead editorial today how razor thin the obama care vote really was. we know scott brown they had to do reconciliation after he won. gym webb fairly won, al franken sort of harvested the boats to beat norm coleman. those made a difference. evan bayh and jim weber saying we wish we hadn't taken 20% of the economy with no republican votes and legislated the most unpopular bill in history that's still unpopular and really poisoned the whole political atmosphere, at the same time you weren't trying to add jobs. it was almost an impediment to adding jobs. >> using reconciliation process on prapts the most important piece of legislation in the last 20 years, it is basical
the reality is, it isn't new laws. it's using the executive branch to legislate by fear or by threat. you don't need a law. in effect the epa is doing stuff all over the place. the nlra is doing stuff that's not sanctioned by any law. it's a political decision and it's extraordinarily negative to our country and our economy. >> "the journal" did you read the lead editorial today how razor thin the obama care vote really was. we know scott brown they had to do reconciliation...